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IBA owns 100% of its subsidiary in Georgia

​IBA owns 100% of its subsidiary in Georgia

The International Bank of Azerbaijan (IBA) has increased its share in IBA-Georgia from 75% to 100%, Report informs citing the bank.

So far, the Azerbaijan Industry Bank has had 12.5%, and Georgian citizens Ivane and Natiye Chkhartishvilis 6.25% share each. 

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